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The World Bank (which calculates the annual EoDB rankings has acknowledged that in India, "on the ground" experiences of entrepreneurs differ from what their in
by pratik661 6y ago
The World Bank (which calculates the annual EoDB rankings has acknowledged that in India, "on the ground" experiences of entrepreneurs differ from what their index shows. As a result they are incorporating survey data/inputs from entrepreneurs who try to do business in India. I think it might be worth trying to contact them.
The Indian gov't is typically reactive. However, EoBB is a huge priority for the current administration. The Department for Industrial Policy and Promotion (DIPP) [renamed to Department of Promotion for Industry and Internal Trade] is overseeing the EODB project.
Your mileage may be limited now because the party in power in Maharashtra is no longer the same as the party in power at the Centre... There is limited pressure they can apply.
- rohan_shah 6y agoYou are right. I see that the central government is fully committed to EoDB. Also they have done wonderful work in Gujarat by making this process completely online. And land is a stage subject. Therefore, this write-up is not targeted at the current central government but at the wrong doings of past 70 years and why India still lags.
- calvinbhai 6y agoThis is something that’s hard for someone like me to know (living outside India and no experience in setting up a business in India) Does it make a difference if same party is in power in center and state? The general consensus I see is that it doesn’t make such a big difference (everyone compares to Gujarat which is reaping the benefits of good admin over last 20 years). Current states have a lot of rot to remove and any EoDB efforts won’t be apparent. Is this a correct understanding of the situation?
- pratik661 6y agoI'm not too familiar with India either, but I figured that if the same party were in power in Maharasthra, then they would be able to apply pressure to the civil servants who were witholding their signatures (perhaps in exchange for non traceable Electoral Bond purchases) Also, India has a unique federal structure where states can override central laws.
- manquer 6y agoOverride union laws ? Do you have examples of that ? You mean ignore them ? Ignoring laws , orders has happened and either the union government has not sued the state for various reasons or cases are still sitting in court. There are some powers in the shared list , where the state can specify its own rules etc. Over time it’s trending towards union control for example removing VAT and replacing with GST etc
- rohan_shah 6y agoNo no no. Electoral bond purchase won't get you you anywhere. Before the electoral bonds, all political funding happened through cash. Which was more non traceable than the current electoral bonds. But yes the ideology of the party matters. Central government is pro business and they have proved it in Gujarat by making it a lot easier to NA land in Gujarat. State Government (esp. INC) is communist and anti-free-market anti-business party which seeks to create as many hurdles as possible.
- manquer 6y agoNot too much difference on a transaction level, policy level perhaps , there may be contradictory rules etc. Delhi has notably had lot of challenges because of different governments , but Delhi administration is not typical state government, it is like Washington DC , there are special provisions as it is the capital region
- pratik661 6y agoThats heartening to hear. I'm fascinated by the business climate in India and I was wondering about the efficacy of the reforms implemented by the central and state governments. I have an uncle who runs a small manufacturing plant in a Mumbai industrial estate. I bombard him with questions about the manufacturing landscape in India all the time lol.